Originally posted by FlechaAutoSports: first of all im no TOOL..you dont want to get personal! I'm not calling you an A$$ even if its apparent! No need to get personal..
sorry.
Originally posted by FlechaAutoSports:Even some of the Wealthiest have oh the most positive views on Bush! "Billionaire investor Warren Buffett accused the Bush administration Saturday of pursuing tax cuts that favor large corporations and wealthy individuals. "If class warfare is being waged in America, my class is clearly winning," Buffett said in Berkshire Hathaway Inc.'s annual report. Except for 1983, the percentage of federal tax receipts from corporate income taxes last year was the lowest since data was first published in 1934, Buffett said."
True, but how does that a) show that Buffett is taking a clear stand AGAINST Bush? I don't see ol' Warren standing up and asking for his taxes to be raised, he's simply stating facts, and they're true. b) Why are you complaining that corporate income taxes are low? That doesn't affect you negatively, that doesn't benefit the rich anymore than it benefits the poor, and in fact it helps you because corporations have more money in their coffers to cover losses in bad economic times and still pay you your health insurance and your Christmas bonus.
Originally posted by FlechaAutoSports:"The President's economic plan uses significant amounts of, to borrow a phrase from President Bush, "fuzzy math." According to the Urban-Brookings Tax Policy Center, 45 percent of the tax cut will go to the top 5 percent of earners in the country while only 22 percent of the tax cut will go to the bottom 80 percent of earners.
Why the sudden revision in your numbers? Again, I point back to my previous example... 14% of the cuts to people that pay less than 4% of the overall taxes. That's only unfair to those people who are getting less than they deserve. (Look up "Zero Sum Game")
Originally posted by FlechaAutoSports:Seeing as over 2.7 million private sector jobs have been lost during his tenure as President (a record only matched by Hoover who presided over the initial parts of the Great Depression) the tax cuts are certainly not producing jobs.
I'm in no mood to give you an economics lesson right now, but take into account this... 1) a multi-trillion dollar economy doesn't react to ANYTHING instantaneously... all reactions lag behind their triggers. For instance, 2.7 million jobs lost would be a result of the dot com bubble bursting (not Bush's fault), terrorism (not bush's fault, despite what you may say otherwise), and this little thing called a "Business cycle". If you look at historical data, there have been recessions or slowdowns in the first few years of every decade since records have been kept. Furthermore, the tax cuts ARE indeed stimulating the economy and creating jobs. Perhaps you haven't read the news lately, but many companies are on a hiring spree, rather than in firing mode (there are exceptions, as there always are). Many analysts/economists fully expect a decrease in unemployment, as well as creation of new jobs in 2004, a direct result of, among other factors, Bush's 02 tax cuts.
Originally posted by FlechaAutoSports:"The Washington Post??s financial planning columnist, Albert Crenshaw, calculated that based on the maximum contributions allowed under the Bush plan, a wealthy family could build a personal fortune of $154 million for each child without ever paying taxes.
Financial planning... retirement... providing to your kids... what preposterous ideas! Give me a break
Originally posted by FlechaAutoSports:"* tax credits for business research and development, costing $68 billion over ten years;
Who needs research and development? Who needs to grow? Stagnant economies for everyone! Yay communism!
Originally posted by FlechaAutoSports:"* tax breaks for private medical savings accounts, worth $5.1 billion to the company that is the principal marketer of such financial instruments, the Golden Rule Insurance Company of Illinois, a big donor to the Republican Party;
Congrats, it benefits a republican donor... must be a conspiracy. Outlaw it! Guess what... private medical savings accounts benefit PEOPLE too!! And guess what, people are donors to BOTH parties! The only way it benefits Golden Rule is in reduced payments to insureds, thereby reducing costs, thereby reducing premiums, thereby putting even MORE dollars into the pockets of you and I, stimulating spending and growth, and perpetuating the exact purpose for the tax cuts in the first place.
Originally posted by FlechaAutoSports:"* a $16.1 billion tax credit for real estate developers and homebuilders;
Who needs affordable housing?? Raise taxes on homebuilders! Increase the cost of building a home! Housing for the rich!! Poor people can sleep under bridges!
Originally posted by FlechaAutoSports:"* a $712 million tax credit for companies that convert landfill gases into electricity, sought by Waste Management, the big operator of landfills;
Sounds like a good thing to me? Maybe I'm wrong and we're NOT running out of fossil fuels. I'm so silly.
Originally posted by FlechaAutoSports:"* and an $891 million deduction for companies that donate leftover food to charity, sought by the pizza franchise industry. The only limitation on this effort to make it profitable to deliver stale pizza to soup kitchens is a requirement that donated food be ??apparently wholesome.?
Oh, ok... now i get it... all those examples quoted above were jokes, right? cuz this HAS to be a joke... hahaha! Why would we ever want to give benefits to companies that help the poor?? We have inefficient welfare programs to do it for us! Just raise taxes so welfare can try to (poorly) do what these companies are actually doing!
Originally posted by FlechaAutoSports:"whatever guys..
BUSH can DO NO WRONG for crying out loud..
And you can apparently form no coherent arguments, so I guess it all works out in the end.
I'm not calling you an A$$ even if its apparent! No need to get personal..
